The panel discussion will focus on the current landscape for onshore wind developers and investors in the US, where installations were down 37% year-on-year in 2022.
Companies are facing short-term challenges, including inflation, supply chain constraints, and the implementation of the Inflation Reduction Act. However, there are also long-term structural challenges for the sector, including the rise of utility-scale solar and how stable policy support via the wind production tax credit (PTC) since the mid-2010s has sparked a development boom that has caused pressure on interconnection queues and transmission grids. What are the prospects for onshore wind in the US in 2024 and beyond?